--------------------------------------------------------
Today's Business Headlines - Market Close from MSNBC.com
--------------------------------------------------------
Market Closing Prices
DJIA: 10435.48 +22.05
NASDAQ: 2047.79 +12.86
S&P 500: 1140.75 +4.55
AMEX: 1249.82 +5.55
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
-------------------------------
ADVERTISEMENT
-------------------------------
Get a Faster Internet Connection with MSN Broadband -- Now Available Nationwide!
http://resourcecenter.msn.com/access/broadband/default.asp
-------------------------------
Business
-------------------------------
Fed boosts rates for first time in 4 years
The Federal Reserve raised key short-term interest rates Wednesday for the first time
in four years, launching a risky campaign to suppress inflation without stamping out
economic growth.
http://www.msnbc.msn.com/id/5333876/
Stocks notch gains after Fed hikes rates
U.S. stock indices closed Wednesday with moderate gains after the Federal Reserve
announced a widely anticipated 0.25 percentage point increase in a key interest rate.
http://www.msnbc.msn.com/id/3683270/
Risks abound as Fed begins rate hikes
The Federal Reserve's policy-making board Wednesday launched what is expected to be a
new cycle of interest rate hikes Wednesday, opening a delicate period fraught with
risk, according to MSNBC.com's panel of experts.
http://www.msnbc.msn.com/id/5297658/
Rising rates pose new challenge for investors
With the Federal Reserve about ushering in a new era of rising interest rates, a
prudent investor might use the occasion to re-examine portfolios, strategies and risks.
http://www.msnbc.msn.com/id/5240437/
Rate hike to pinch credit card holders
If you've been lulled into carrying large balances on your low-interest credit cards,
prepare your wallet for a rude awakening.
http://www.msnbc.msn.com/id/5325438/
Timing of rebound could help Bush
President Bush should be feeling good about the economy heading into the final four
months of his re-election campaign, yet signs of expansion have not stopped Sen. John
Kerry from continuing to attack the administration's record.
http://www.msnbc.msn.com/id/5319725/
Appeals court OKs Microsoft antitrust pact
A U.S. appeals court on Wednesday approved the landmark antitrust settlement Microsoft
Corp. negotiated with Justice Department, setting aside objections by Massachusetts
that sanctions in the agreement were inadequate against the world's largest software
company.
http://www.msnbc.msn.com/id/5334770/
Saudi minister says oil prices now fair
Top world oil exporter Saudi Arabia, which has boosted supply to cool prices, believes
the market has now fallen to a fair value and sees no reason to change its production
level, Saudi Oil Minister Ali al-Naimi said on Wednesday.
http://www.msnbc.msn.com/id/5332321/
Branson to take Virgin Mobile public
Sir Richard Branson, the billionaire entrepreneur, is to go public with one of his
companies on the main London market for the first time in 18 years, when Virgin
Mobile, the "virtual" operator, is listed in July.
http://www.msnbc.msn.com/id/5334959/
Freddie Mac posts drop in 2003 income
Mortgage finance company Freddie Mac reported Wednesday that a drop in total
non-interest income drove down 2003 earnings by 52 percent.
http://www.msnbc.msn.com/id/5332339/
=========================================
This email is never sent unsolicited. You have received this MSNBC Daily Market Close
newsletter because you subscribed to it or, someone forwarded it to you.
To remove yourself from the list (or to add yourself to the list if this
message was forwarded to you) simply go to
http://www.msnbc.com/tools/newstools/e/EmailExtra.asp?nfeature=3
Microsoft Corporation - One Microsoft Way - Redmond, WA 98052
MSN PRIVACY STATEMENT
http://privacy.msn.com
